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The daily trend is bearish,The target is 109.15 at previous support level

20-11-2007 - Finotec  |   Indexes Technical Analysis
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The daily trend is bearish

The target is 109.15 at previous support level.

Technical oscillators that supporting the bearish tendency are:

MACD moving averages bellow the zero line and pointing down.

RSI stand on 36.74% and pointing down to over sold area.

Moving averages of 10 and 20 days, the shorter after a bearish cross.





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Derivative and forex trading broker Finotec is a division of leading real-time Internet trading company Finotec Trading Inc, which pioneered the world of online forex trading in 1998. After launching our revolutionary forex online trading platform in 2001, we continued to improve our services and no...
 
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